2-6 Callistemon Street
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About this property
Listing Price: $549,000 Rare Large-Scale Landholding with Income & Future Growth A rare opportunity to secure an expansive 2,745m² landholding in one of Russell Island's most tightly held and highly sought-after pockets offering the feel of acreage living with the added benefit of immediate rental income and outstanding long-term upside. Properties of this scale are increasingly scarce. With two-street frontage, strong fundamentals, and clear future potential (STCA), this is an asset positioned to grow in value as the island continues its transformation. Property Highlights Solid 2-bedroom residence with open-plan living Slate tiled flooring throughout Well-appointed bathroom with full-size bathtub, ideal for families Large shed perfect for storage, workshop or future use Expansive, usable land offering multiple future possibilities (STCA) Land size: 2,745m² Current rent: $440 per week income from day one Investment & Lifestyle Appeal Russell Island is undergoing sustained infrastructure investment, with ongoing improvements to transport, utilities, services, and community amenities. Demand continues to rise as buyers recognise the island's value proposition, lifestyle appeal, and long-term growth trajectory. This property is ideal for buyers seeking to: Secure a large landholding in a premium island location Generate strong holding income Capitalise on future development and capital growth Opportunities combining scale, income, and growth potential are exceptionally rare. Secure your foothold in Russell Island's future before land of this calibre becomes unobtainable. Inspection Options Jetty pickups Private inspections FaceTime walkthroughs Contact the Island Life Team Rhys Franz 0482 171 300 Office 07 3409 2288 sales@islandlife.net.au www.islandlife.au Island Life REIQ Accredited & Trusted Local Experts Finalist REIQ Small Residential Agency of the Year 2025 Finalist Queensland Business Contribution to Community 2025 "Superb agents their knowledge of the island and tips on island living were invaluable. Down-to-earth, honest, and knowledgeable. I'd choose Island Life again without question." Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers should conduct their own independent due diligence.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 4
- Land Area
- 2745 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Russell Island
This 2-bedroom house in Russell Island, QLD 4184 sits within reach of and nearby schools. It is listed 111% above the $260,000 median of 65 comparable houseswithin 5 km.
Schools near Russell Island
- Russell Island State Schoolprimary · Prep-6 · CoEd
Russell Island at a glance
Full suburb profile- Population
- 3,698
- Median age
- 59
- Household income
- $756/wk
- Median rent
- $260/wk
- Median mortgage
- $867/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Russell Island price trend
Median sold · House 2 bed
Compound growth +14.3% / yr over 4 yrs
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Full Russell Island marketThis listing
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1 price change recorded for this property
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